Let’s talk about UNI.
Last bull market, it went from 3.3 to 20
without any new utility or positive catalysts.
This time, the washout was even more brutal.
Ignoring the wick low of 2.3, it went from a high of 11
before Bitcoin had even broken its all-time high,
and before liquidity had started to surge.
UNI has new utility this cycle
and a new narrative.
Plus, CME has launched UNI futures trading,
opening the door to institutional access.
This is the first time CME has shown this kind of support for a DeFi token.
Tokens like AAVE and CRV haven’t received the same treatment.
As long as you believe Bitcoin will break its all-time high
and reach 120,000, 150,000, or 180,000,
then UNI in the 6-dollar range won’t keep you underwater for long.
A price of at least 20 is highly likely.
Hold if you want to hold, sell if you want to sell—just keep a level head.
Last bull market, it went from 3.3 to 20
without any new utility or positive catalysts.
This time, the washout was even more brutal.
Ignoring the wick low of 2.3, it went from a high of 11
before Bitcoin had even broken its all-time high,
and before liquidity had started to surge.
UNI has new utility this cycle
and a new narrative.
Plus, CME has launched UNI futures trading,
opening the door to institutional access.
This is the first time CME has shown this kind of support for a DeFi token.
Tokens like AAVE and CRV haven’t received the same treatment.
As long as you believe Bitcoin will break its all-time high
and reach 120,000, 150,000, or 180,000,
then UNI in the 6-dollar range won’t keep you underwater for long.
A price of at least 20 is highly likely.
Hold if you want to hold, sell if you want to sell—just keep a level head.